Andrew J. Bowden, the Director of the SEC’s Office of Compliance Inspections and Examinations (OCIE), recently spoke at the CFA Institute’s 2014 GIPS Standards Annual Conference. He noted that the SEC has recently completed GIPS training for its examination staff and that OCIE has been pursuing several important initiatives. He discussed those initiatives, recent enforcement actions involving performance-reporting issues and the continuing improvement of the SEC’s technological capabilities. For additional insight from Bowden, see part two of our series on the RCA’s Compliance, Risk & Enforcement 2013 Symposium, held in December 2013, at which Bowden delivered the keynote address. See also “OCIE Director Andrew Bowden Describes the Primary Compliance Failings of Private Equity Managers with Respect to Fees, Expenses, Limited Partnership Agreements, Valuation and Marketing,” Hedge Fund Law Report, Vol. 7, No. 19 (May 16, 2014).